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political questions revolve around george kaiser one of the biggest investors of solyndra. he bundle money for president obama campaign and political ties gave him an unfair in the government loan process. the company's profile got a big boost last year when obama visited the east bay solar panel manufacturer. administration responded to the shut down in a blog post. theyy wri in part there will always be an element of risk of investments in the most innovative companies. >> now, back to you guys. >>> it's now 6:55. >> final check on weather and traffic. >> cooling sea breeze takes a breather and that is why it's going to be warm. low to mid 90s in the east bay valleys. upper 70s to mid-80s around the bay shore to mid-80s in the south bay, few 80s there, mid-80s in the north bay valleys and mid-50s to about 70 degrees along the coast. now good news it will be comfortable but nice, it gets a little hot in the house in the afternoon hours. if you can open the windows 50-degree weather waiting for you. let's take a look at that heat especially tomorrow and saturday and air-con
political questions revolve around george kaiser one of the biggest investors of solyndra. he bundle money for president obama campaign and political ties gave him an unfair in the government loan process. the company's profile got a big boost last year when obama visited the east bay solar panel manufacturer. administration responded to the shut down in a blog post. theyy wri in part there will always be an element of risk of investments in the most innovative companies. >> now, back to...
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george kaiser family foundation which fights childhood poverty. but as investments into solyndra and democratic ties is causing republicans to raise further questions about the government backed loan. fred upton said about the concerns on "good morning america." >> we have been raising questions about the get-go and it's really bad news that they filed for bankruptcy and leaving the taxpayer holding the bag probably. >> reporter: "good morning america" will have more on the story. the company's profile was boosted in may when president obama visited the company. he said it was key part of his green initiative. they issued a long blog post on its website after the shutdown yesterday saying in part, had there will always be an element of risk with the most innovative companies. the alternative is simply letting the world pass us by. it came after they took a 42% price plunge this year. >>> solyndra plant closure will add to fremont's unemployment problems. they had a jobless rate 4% and recession hit at nummi plant closed and now it stands at 8%. >>
george kaiser family foundation which fights childhood poverty. but as investments into solyndra and democratic ties is causing republicans to raise further questions about the government backed loan. fred upton said about the concerns on "good morning america." >> we have been raising questions about the get-go and it's really bad news that they filed for bankruptcy and leaving the taxpayer holding the bag probably. >> reporter: "good morning america" will have...
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there were questions about the influence of billionaire and obama campaign contributor george kaiser who visited the white house leading up to the loan approval but the smoking gun remained elusive. >> you take no account battle to the taxpayers for losing half a billion of their dollars. >> they will have another hearing next week and two executives will be on the hot seat. not someone from the department of energy as was the case today. the scuffs said they needed more time for preparation. >> developing news a flight headed to san francisco international airport had a report engine fire. more than an hour ago, united 586 had left a gate at dulles airport in washington, d.c. but before i took off passengers and crew noticed smoke coming from the rear. a u.s. supreme court spokeswoman just confirmed that ruth bader ginsberg was on the flight. she was not injured. passengers were evacuated on emergency slides. one woman tweeted this picture and several others suffered minor injuries. they are now waiting at an airport lounge when they will get another flight. >> a lawyer for two u.c.
there were questions about the influence of billionaire and obama campaign contributor george kaiser who visited the white house leading up to the loan approval but the smoking gun remained elusive. >> you take no account battle to the taxpayers for losing half a billion of their dollars. >> they will have another hearing next week and two executives will be on the hot seat. not someone from the department of energy as was the case today. the scuffs said they needed more time for...
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there were questions about the influence of billionaire and obama campaign contributor george kaiser who visited the white house leading up to the loan approval but the smoking gun remained elusive. >> you take no account battle to the taxpayers for losing half a billion of their dollars. >> they will have another hearing next week and two executives will be on the hot seat. not someone from the department of energy as was the case today. the scuffs said they needed more time for preparation. >> developing news a flight headed to san francisco international airport had a report engine fire. more than an hour ago, united 586 had left a gate at dulles airport in washington, d.c. but before i took off passengers and crew noticed smoke coming from the rear. a u.s. supreme court spokeswoman just confirmed that ruth bader ginsberg was on the flight. she was not injured. passengers were evacuated on emergency slides. one woman tweeted this picture and several others suffered minor injuries. they are now waiting at an airport lounge when they will get another flight. >> a lawyer for two u.c.
there were questions about the influence of billionaire and obama campaign contributor george kaiser who visited the white house leading up to the loan approval but the smoking gun remained elusive. >> you take no account battle to the taxpayers for losing half a billion of their dollars. >> they will have another hearing next week and two executives will be on the hot seat. not someone from the department of energy as was the case today. the scuffs said they needed more time for...
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there's an investor whose name is george kaiser. he created a foundation, a charitable foundation, that foundation used another entity to buy stock in solyndra. ok? george kaiser also happens to be a major bundler for president obama during the 2008 elections cycle so the question is -- by the way, george kaiser and other officials from solyndra visited the white house on several occasions, some say four times the week of the loan. some say up to 20 times during, you know, preceding the loan so the question is was the loan put in place to help george kaiser? i'm not speculating on it. i'm simply saying if there's ownership there, wouldn't that be a conflict of interest if one of your bundleers happened to own stock in a company that you were loaning $535 million to? >> what i find amazing is the president was scrambled out there to praise the company for hiring 1,000 people even though there were reports out that shows his company was not healthy. was not viable. when one report came in from a federal watchdog group that said, you k
there's an investor whose name is george kaiser. he created a foundation, a charitable foundation, that foundation used another entity to buy stock in solyndra. ok? george kaiser also happens to be a major bundler for president obama during the 2008 elections cycle so the question is -- by the way, george kaiser and other officials from solyndra visited the white house on several occasions, some say four times the week of the loan. some say up to 20 times during, you know, preceding the loan so...
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kaiser, solyndra's biggest private investor and an obama campaign bundler. in washington, doug mckelway, fox news. 3 michael jackson's former employees paint a picture of a panicked and incompetent doctor through today's testimony in court. court."dr. conrad murray asked if anyone knew cpr." cpr." alberto alvarez was one of the first person in the bedroom with dr. murray and jackson. he found the doctor doing cpr on the bed, which wasn't helping at all. michael was naked and lifeless laying with his eyes open, when his kids came running in. "paris screamed out daddy" "when you heard paris scream out 'daddy' was she crying.?" "yes sir" sir""dr. conrad murray said don't let the kids see there dad like this. don't let them see their dad like this." he continued to say that dr. murray was more focused on hiding the vials of drugs than doing cpr. if convicted of manslaughter dr. murray faces four years in prison. a young boy trips and is trapped under a car. this is police dash cam video of the scary scene. the cop flies up the driveway outside the school where h
kaiser, solyndra's biggest private investor and an obama campaign bundler. in washington, doug mckelway, fox news. 3 michael jackson's former employees paint a picture of a panicked and incompetent doctor through today's testimony in court. court."dr. conrad murray asked if anyone knew cpr." cpr." alberto alvarez was one of the first person in the bedroom with dr. murray and jackson. he found the doctor doing cpr on the bed, which wasn't helping at all. michael was naked and...
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. >> according to white house loges, one of solyndra's principal invest organize george kaiser, who was a big obama fund-raiser, visited the white house at least four times before the lope's final approval to see aides. >> jon: i rarely use this line for blatant public service announcement, but if i may, fox news, call your doctor because the erection you currently hav have... ( laughter ) ( applause ) is going to last longer than four hours. ( cheers and applause ) wow. just how bad is it? just how bad is this for the administration? you know how whenever there's a scandal congress holds a hearing to investigate the matter but they usually just prove themselves to be clueless grand standers. watch the congress from california lay serious solar shaq down on the director of the department of energy's loan program. >> were you informed there have been more false starts and failures in thin films. were you aware as we talk about china, china has concentrated almost ostensibly in polly crystal technology and avoid thin film? >> jon: at lot of longlast have you no calculation of the ability
. >> according to white house loges, one of solyndra's principal invest organize george kaiser, who was a big obama fund-raiser, visited the white house at least four times before the lope's final approval to see aides. >> jon: i rarely use this line for blatant public service announcement, but if i may, fox news, call your doctor because the erection you currently hav have... ( laughter ) ( applause ) is going to last longer than four hours. ( cheers and applause ) wow. just how...
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and now there is this man, oklahoma billionaire george kaiser. he is the biggest investor and a major fund raiser for the obama campaign that suggests he got the loan because of its technology and politics. and next week the top brass here will be taking the stand in front of the house sub committee. that includes the ceo and it looks like no one will be surprised if he takes the fifth. >> all right. thank you. >>> well, president obama is on the road trying to rally support for his job's proposal. his new package would cut taxes for small businesses, like the one the president visited in north carolina today. some republican lawmakers are citing past legislative failures to oppose the plan. the president had a challenge for the critics. >> we have republicans in congress. they're in favor of america's job. do you know what, if you're in favor of this, this is your bill. >> well, not just republican lawmakers skept wall tonight, a -- skeptical tonight, a survey found 51% of the americans don't think the package will do much to get people back to
and now there is this man, oklahoma billionaire george kaiser. he is the biggest investor and a major fund raiser for the obama campaign that suggests he got the loan because of its technology and politics. and next week the top brass here will be taking the stand in front of the house sub committee. that includes the ceo and it looks like no one will be surprised if he takes the fifth. >> all right. thank you. >>> well, president obama is on the road trying to rally support for...
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kaiser. he is the one of the zk parties biggest fund-raisers. they closed their doors yesterday. they are seeking chapter 11 protection and suspending operations. they say it was squeezed by a tough market. >> solyndra was caught in the vice of having to keep up with chinese and american vendors who were riding the highs of silicon low. >> president obama visited the plant last year and claimed it as part of his green initiative. they issued a blog on the website there will also be an element of risks in the most innovative companies. alternative is walking off the field and let the world pass us by. they took a 42% this year mostly because of low priced chinese solar priced panels. in the newsroom, "abc 7 news." >>> fremont city leaders say they knew solyndra was having problems but didn't realize they were so severe. city manager says they will do what they can to help layoff employees. >> we're trying to mobilize with state and federal authorities to get employment assistance and we've bee
kaiser. he is the one of the zk parties biggest fund-raisers. they closed their doors yesterday. they are seeking chapter 11 protection and suspending operations. they say it was squeezed by a tough market. >> solyndra was caught in the vice of having to keep up with chinese and american vendors who were riding the highs of silicon low. >> president obama visited the plant last year and claimed it as part of his green initiative. they issued a blog on the website there will also be...
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in may and june that same guy george kaiser visits the white house again. in august 200 the the white house asks the house of management and budget if it can speed along final approval of the loan. on december 3rd the deal is done. solyndra and the department of energy enter a financial agreement. fast forward to may of 2010. president obama comes out and tells the american people, quote, companies like solyndra are leading the way toward a brighter and more prosperous future. that brings us to exactly two weeks ago august 31st solyndra announces it is suspending operations and firing off, laying off 1100 workers. the f.b.i. raid comes a few days later. so what is the administration saying now? our chief white house corresponden correspondent ed henry is live where this is getting a lot of attention. >> reporter: there is a house committee holding a big hearing on this. there are administration officials testifying. a lot of new questions raised at that hearing including a slew of emails in 2009 within this administration ahead of a talk that vice president
in may and june that same guy george kaiser visits the white house again. in august 200 the the white house asks the house of management and budget if it can speed along final approval of the loan. on december 3rd the deal is done. solyndra and the department of energy enter a financial agreement. fast forward to may of 2010. president obama comes out and tells the american people, quote, companies like solyndra are leading the way toward a brighter and more prosperous future. that brings us to...
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the biggest investor is oklahoma billionaire, george kaiser, a major fund-raiser for the obama campaign. >> obama being there everybody felt it can't fail. >> reporter: peter kohlstadt was among the thousands workers laid off when this did fail. >> all the news coming out, you wonder where a lot of the money went. >> reporter: where the money went is undoubtedly what the f.b.i. and department of energy investigators were looking for when it raided solyndra last week and it's what solyndra executives are certain to be asked when they're called before the same congressional committee next week. john blackstone, cbs news, fremont, california. >> pelley: the latest sat scores are in, and they are slipping. in reading, the high school class of 2011 averaged 497 out of 800. that is down three points from the year before, and it is the lowest on record. the average writing score was 489, down two point, math fell one point to 514. the college board says more students took the sat last year, which may have dragged down the scores. supreme court justice ruth bader ginsberg got a scare today at w
the biggest investor is oklahoma billionaire, george kaiser, a major fund-raiser for the obama campaign. >> obama being there everybody felt it can't fail. >> reporter: peter kohlstadt was among the thousands workers laid off when this did fail. >> all the news coming out, you wonder where a lot of the money went. >> reporter: where the money went is undoubtedly what the f.b.i. and department of energy investigators were looking for when it raided solyndra last week and...
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george kaiser is the billionaire from tulsa, a fund-raiser for obama 2008, backs the foundation of the top investor here. is it just this happened, that happened or can anyone connect the dots? >> i mean, so far, it's a great question for the republicans to ask, because it looks -- it makes it look like this was some political conspiracy, but there's no evidence at all so far that i've seen that george kaiser played a role in getting this loan done. it does not appear to be a political contributor getting payback. there's no evidence of that that i've seen. >> i want to follow up on that point. the best evidence you have seen so far is maybe a bad judgment, maybe a bad call, maybe even an egregious judgment, but nothing to suggest undue political influence or essentially a decision that was bought? >> no. what i see is that this was an administration that had promised change. it wanted to get money out the door for the stimulus quickly. it was rushing to get this done in 60 days. that was an imperative from the white house, to do it quickly. and i think that perhaps in that rush, they
george kaiser is the billionaire from tulsa, a fund-raiser for obama 2008, backs the foundation of the top investor here. is it just this happened, that happened or can anyone connect the dots? >> i mean, so far, it's a great question for the republicans to ask, because it looks -- it makes it look like this was some political conspiracy, but there's no evidence at all so far that i've seen that george kaiser played a role in getting this loan done. it does not appear to be a political...
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people are saying and they are -- >> -- corrupt. >> you know, george kaiser, you know, obviously had some influence. he is in and out of the white house 17 times. >> is he their biggest investor. from oklahoma. and the question is was he there to push solyndra? if so, that was a stupid mistake by the white house to allow somebody to make a special pleading inside the white house on behalf one of these grants. inside the white house you want these decisions to be made outside the white house at the agencies by people who have the ability and the time and the energy and the expertise to make them. >> in addition to a house investigation, two california lawmakers are calling for a probe of a state tax break granted to solyndra. the solyndra mess not the only big headache for the white house. a top republican is calling for an investigation into claims that the white house pressured a general to change his congressional testimony about a wireless company tied to a top democratic donor. doug mckelway is in washington with the latest on that. >> congressional republicans want to know why t
people are saying and they are -- >> -- corrupt. >> you know, george kaiser, you know, obviously had some influence. he is in and out of the white house 17 times. >> is he their biggest investor. from oklahoma. and the question is was he there to push solyndra? if so, that was a stupid mistake by the white house to allow somebody to make a special pleading inside the white house on behalf one of these grants. inside the white house you want these decisions to be made outside...
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caller: there is a lot of talk about george kaiser. he is been to the white house 16 times the visiting valerie jarrett. he bundle of money for solyndra and for obama. why are people not asking more questions about that? also, we do hedge races. when people say we do not have a choice about what is going on, we do. we go to the polls every four years. we need to look at our candidates and the things they believe in. president obama was very clear about taking energy prices through the roof. guest: you need a good point. there are a lot of connections between george kaiser and the white house, and there are stories about that. personally, i was surprised to not see it come up more. the want and it did come up was by ranking member henry waxman, when he was trying to preemptively dispute the arguments he thought republicans would say about the political connections. it is being made more in the media than congress, and the reason for that is because there are so many layers to this story. the initial bankruptcy. obama calling solyndra th
caller: there is a lot of talk about george kaiser. he is been to the white house 16 times the visiting valerie jarrett. he bundle of money for solyndra and for obama. why are people not asking more questions about that? also, we do hedge races. when people say we do not have a choice about what is going on, we do. we go to the polls every four years. we need to look at our candidates and the things they believe in. president obama was very clear about taking energy prices through the roof....
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. >> reporter: according to white white house logs, one of solyndra's principle investors, george kaiser, a big obama fund-raiser, visited the white house at least four times before the loan's final approval, to see aides. some financial analysts who study the industry say the solyndra business plan to build solar panels was fatally flawed from the beginning. >> their price was over $6 a watt to produce the product. they were selling it at about $3. but when you looked at the numbers, it just didn't work. >> reporter: that was from the get-go? >> from the get-go, from the first time i saw it. >> reporter: last month, s solyndra declared bankruptcy, laying off all item ploy yeeps. >> i haven't gotten the final information. it looks like the severance package is zero. >> reporter: and then last week, fbi agents raided the solyndra offices, seeking to find whether solyndra misled the government in order to get the loan. agents also questioned the former solyndra ceo, chris gronet, who had so proudly given president obama a tour of the plant last year. administration officials tell abc news
. >> reporter: according to white white house logs, one of solyndra's principle investors, george kaiser, a big obama fund-raiser, visited the white house at least four times before the loan's final approval, to see aides. some financial analysts who study the industry say the solyndra business plan to build solar panels was fatally flawed from the beginning. >> their price was over $6 a watt to produce the product. they were selling it at about $3. but when you looked at the...
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kaiser that they did. where he says you know we're going to try and get some good money out of the stimulus package and they say or they frame it as if he's trying to do it for slander oil because he was one of the investors in that but it turns out actually when you look at the speech and you know for more than five minutes what he's saying is that he's trying to get the stimulus money for paulson oklahoma which is where he was speaking of where it was for why would they do that well i can't speak for fox news but i can speak a better name he's not inquire a lot crossroads really why is this happens all the time and this is a gotcha media if that is what occurred on i was familiar with it is you that it's not uncommon in our press and it all needs attacked now there's a better policy question should we be back stopping these loans at all and that is a very real debate and questionable yeah and it seems particularly with you know ninety nine percent return rate on the use of the with that are going to the
kaiser that they did. where he says you know we're going to try and get some good money out of the stimulus package and they say or they frame it as if he's trying to do it for slander oil because he was one of the investors in that but it turns out actually when you look at the speech and you know for more than five minutes what he's saying is that he's trying to get the stimulus money for paulson oklahoma which is where he was speaking of where it was for why would they do that well i can't...
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according to abc news they've been looking into one of the principle backers, george kaiser, an oklahoma billin yair. and he had no comments so far. an accountability report found the energy department was favoring some and disadvantaging others in the white house saying the president is committed to the idea that we need to make investments in clean energy technology. >> and talking about a close call. a car came within inches of flying out of a parking garage near the msoconi center. the mazda dangled four stories around 1:15 today. police believed the car had a problem and a employee was trying to help a customer move it. the car smashed through the panels on the building, shattered glass and steel, topples to the streets. >> there is a large metal support that holds cars back. held back by four boltds. and almost came through and. >> a garage employee complained of air sore knee. >> fight to resolve 100 lawsuits trigger bid department's deadly pipeline explosion moved to courts. a dozen lawyers met with a judge to iron out how to resolve the lawsuit. they want a bell weather trial. >
according to abc news they've been looking into one of the principle backers, george kaiser, an oklahoma billin yair. and he had no comments so far. an accountability report found the energy department was favoring some and disadvantaging others in the white house saying the president is committed to the idea that we need to make investments in clean energy technology. >> and talking about a close call. a car came within inches of flying out of a parking garage near the msoconi center....
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now, one major investor is george kaiser, a major obama campaign fundraiser. members of congress want to know if solyndra got special treatment. the white house was asked about the treatment, here's what jay carney said. >> there are no guarantees in the business world about success and failure, that is just the way business works, and everyone recognizes that. and that's why there's over 40 companies, as i understand it, 40 guarantees involved in this program that merit looking at. >> reporter: now, we could be hearing more from carney right about now, he's holding a briefing at the white house. we'll let you know. megyn: all right, steve, thank you. >>> voters are in new york, and they are heading to the polls tomorrow to decide who will fill anthony weiner's former congressional seat. the republican candidate in this district worked hard to associate his democratic opponent with president obama. now, that strategy appears to be working. polls show the heavily-democratic district could actually go to the gop in what many see as a repudiation of the white hou
now, one major investor is george kaiser, a major obama campaign fundraiser. members of congress want to know if solyndra got special treatment. the white house was asked about the treatment, here's what jay carney said. >> there are no guarantees in the business world about success and failure, that is just the way business works, and everyone recognizes that. and that's why there's over 40 companies, as i understand it, 40 guarantees involved in this program that merit looking at....
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kaiser, an obama campaign fund-raiser. details about the work shop for laid off workers tonight that i mentioned can be found on our web site. click on see it on tv. in fremont abc 7 news. >> and let's talk about the political fallout. interest there is an ad criticizing the obama administration for backing a loser this, is likely to become a campaign issue, isn't it?. >> no doubt it will be. there is this ad today, but there is going to be more finger pointing and blame going to come back and forth. and the white house press secretary already has pushed back saying that this investing in green technology is going to be a high reward, high risk proposition. this say they hope it doesn't cast a cloud on future of clean technology. because they're working very hard to waen us off fossil fuel autos yes. david louie reporting. thank you. >> and solyndra the white soushouse telling it's time to focus on putting americans back to work. the president's big speech will take place next thursday but took bath and forth to settle on
kaiser, an obama campaign fund-raiser. details about the work shop for laid off workers tonight that i mentioned can be found on our web site. click on see it on tv. in fremont abc 7 news. >> and let's talk about the political fallout. interest there is an ad criticizing the obama administration for backing a loser this, is likely to become a campaign issue, isn't it?. >> no doubt it will be. there is this ad today, but there is going to be more finger pointing and blame going to...
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taxpayer loan given to solyndra based on this buttonedler, george kaiser, a friend of president obama, was it because he was an investor in the company or not. that's why fbi raided the headquarters in california, they want to know more and i think the american public deserves to know more. jenna: lots of speculation but no answers to the questions you put forward and good ones, too, eric. i know you're going to be talking about this tonight. >> yes, ma'am, we are. jenna: that's going to be a big story among that desk that's shared by five people, appropriately called "the five". there you go. tonight's panel will discuss the debate and talk about the hot stories. eric is going to be on that panel, you do not want to miss it, 5:00 p.m. eastern time. jon: we'll be watching. >>> we are watching tropical storm nate gaining strength and threatening to become a hurricane in the next few hours. there you see it swirling in the bay of pampici off the gulf of mexico. the latest on the storm's path, next. >>> plus, fueled by the fallen. the story behind a line of vehicles honoring the victims
taxpayer loan given to solyndra based on this buttonedler, george kaiser, a friend of president obama, was it because he was an investor in the company or not. that's why fbi raided the headquarters in california, they want to know more and i think the american public deserves to know more. jenna: lots of speculation but no answers to the questions you put forward and good ones, too, eric. i know you're going to be talking about this tonight. >> yes, ma'am, we are. jenna: that's going to...
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in may and june george kaiser visits the white house again. in august 09 the white house asks the house of management and budget if it can, quote, speed along final approval of the loan. on september 3rd the deal is done, as solyndra and the department of energy enter a financial agreement. in may of 2010 president obama says, quote, companies like solyndra are leading the way toward a brighter and more prosperous future. and that brings us to august 31st, solyndra announces it is suspending operations and laying off 1100 people. an f.b.i. raid comes a few days later. where is the white house today on the scandal? fox news digital politics editor chris stirewalt joins us live from washington. hraoets tee it up with what jay carney the white house spokesman had to say about it yesterday. >> i think he's probably read some news accounts of it. i'm not aware that he's been briefed. there is not a lot to brief him on. there is no evidence that the white house was involved in the loan. this is the white house involved because they weren't. the whit
in may and june george kaiser visits the white house again. in august 09 the white house asks the house of management and budget if it can, quote, speed along final approval of the loan. on september 3rd the deal is done, as solyndra and the department of energy enter a financial agreement. in may of 2010 president obama says, quote, companies like solyndra are leading the way toward a brighter and more prosperous future. and that brings us to august 31st, solyndra announces it is suspending...
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could it possibly have to do with george kaiser who was one of barack obama's largest bundlers during the last campaign. and his venture capitalists group, he is the largest investor in it. he also visited the white house 16 times in the last two years. is that connected? that's what the f.b.i. is looking into. that's what this house committee is looking into. that's what treasury is looking into. this is all hands on deck. >> but i think if you're just an average american like the three of us are sitting at home today wondering how does this affect me? the bottom line is this is your money. this was taxpayer money and you've got to wonder where the other parts of the stimulus money went and most importantly as the president is asking for more stimulus money now in a jobs bill. will there be better protection of the way in which your money is spent? remember, recovery.gov, was that the web site for joe biden last summer to make sure all your stimulus money was accounted for and you could go and look for it, i think a lot of people are very hesitant including democrats about more stimu
could it possibly have to do with george kaiser who was one of barack obama's largest bundlers during the last campaign. and his venture capitalists group, he is the largest investor in it. he also visited the white house 16 times in the last two years. is that connected? that's what the f.b.i. is looking into. that's what this house committee is looking into. that's what treasury is looking into. this is all hands on deck. >> but i think if you're just an average american like the three...
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Sep 18, 2011
09/11
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in terms of george kaiser, the investor being a close obama fund raiser. republicans could not bring it up very much in the hearing. they're more concerned about tax payers money. i do not think it is an overriding part of this discussion, despite the flashy headlines. host: we want to remind our viewers and listeners that in this sunday's edition of newsmaker, henry waxman, the ranking member on the house energy and commerce committee, is our guest. what we are about to show you is part of the interview were the rep talks about whether the administration used bad judgment in extending loan guarantees to salindra and the solar panel that. loan guarantees from the government in the fiscal stimulus program. guest: you seem to suggest in a hearing he may believe the administration used bad judgment in making this loan guarantee to the solar panel company. you said, "there may have been a potential for sloppy or an adequate betting." do you believe the administration used bad judgment? guest: i think we need to investigate this matter and find out what is happ
in terms of george kaiser, the investor being a close obama fund raiser. republicans could not bring it up very much in the hearing. they're more concerned about tax payers money. i do not think it is an overriding part of this discussion, despite the flashy headlines. host: we want to remind our viewers and listeners that in this sunday's edition of newsmaker, henry waxman, the ranking member on the house energy and commerce committee, is our guest. what we are about to show you is part of the...
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Sep 15, 2011
09/11
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kaiser this is a textbook case of the worst examples of the green jobs racket. crony capitalism. this rush to judgment. the house hearing today i thought was incredibly valuable. cliff sterns the gop chairman of the house energy subcommittee that put this on and all of the gop investigators that have been bushing on this are shedding light on this rotten solar deal. i think it has all of the people in the white house scurrying. as you mentioned, this goes all the way to the top. these e-mails that we are seeing now between omb officials and the white house are incredibly damning. >> sean: it shows it goes to joe biden's office. even the white house. here's the issue we have to highlight. some of the people involved in this deal that benefitted from the -- the government -- i would love to start a business and have 535 million dollars guaranteed by the federal government and i have no incentive to succeed. they predicted, that this company would fail in 2011. the question is, to what extent did the people that bundled money for the president for his election in 2
kaiser this is a textbook case of the worst examples of the green jobs racket. crony capitalism. this rush to judgment. the house hearing today i thought was incredibly valuable. cliff sterns the gop chairman of the house energy subcommittee that put this on and all of the gop investigators that have been bushing on this are shedding light on this rotten solar deal. i think it has all of the people in the white house scurrying. as you mentioned, this goes all the way to the top. these e-mails...
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Sep 29, 2011
09/11
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kaiser and his foundation, and money in drone family that runs wal-mart. >> greta: if we put them into default that time, not allowed simply we wouldn't be on the hook for $500 million? how much would the damage be less had we put them in default in december of 2010 instead of limping along and doing this restructuring? >> right. it's hard to say, but we looked at some internal white house post" last week. and they show that there was internal discussion in the white house, in the office of they actually discussed, maybe we should let the company go under now, because if the company ultimately fails this could cost us tens of millions of dollars additional for the taxpayers. and they discussed this. and department of energy says going, because they thought solyndra could be a success and didn't want to lose the money. goes under now, it will look bad, but in eight or nine months, the presidential race could be heating up, do we want >> greta: did the department of energy actually go out and look at the company and make this pretty close to what was going on at solyndra, in on board mee
kaiser and his foundation, and money in drone family that runs wal-mart. >> greta: if we put them into default that time, not allowed simply we wouldn't be on the hook for $500 million? how much would the damage be less had we put them in default in december of 2010 instead of limping along and doing this restructuring? >> right. it's hard to say, but we looked at some internal white house post" last week. and they show that there was internal discussion in the white house, in...
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Sep 15, 2011
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. >> george kaiser. a billionaire and a big fundraiser for president obama. >> bill: this guy kaiser, big obama guy bundled money for his campaign in 2008. continues to be a big donor. he was a private investigator. now he is the head of the line in case there is any money left over from the bankruptcy which you assume there would be and then the taxpayers are going to get hosed. but, where does the buck stop? the energy department lent them the money. now, i assume president obama is going to say, look, i don't deal with this kind of stuff. i mean, i'm trying to get bin laden. i'm trying to get the economy back on track. my underlings do this. is that going to wash? >> well, major people on his staff were involved and kaiser, according to white house. visitor logs we examined visited the white house four times in a period when the loan was under consideration before final approval meeting with aids valerie jarrett and peter roust among others. they won't tell us what happened at those meetings. the whit
. >> george kaiser. a billionaire and a big fundraiser for president obama. >> bill: this guy kaiser, big obama guy bundled money for his campaign in 2008. continues to be a big donor. he was a private investigator. now he is the head of the line in case there is any money left over from the bankruptcy which you assume there would be and then the taxpayers are going to get hosed. but, where does the buck stop? the energy department lent them the money. now, i assume president obama...
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Sep 20, 2011
09/11
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george kaiser was one of the biggest investors. his charitable foundation made a $10,000 donation to the urban health initiative in 2009. that was the same year that a controversial half a billion dollar loan to solyndra was secured. for those of you who may not remember, first lady michelle obama helped create the program before she moved into 1600 pennsylvania avenue. are the two connected or just another so-called coincidence? joining me with reaction, former deputy assistant general victoria tornado sing. tamara holder. any coincidence, tamara, let's go through this. we have this coincidence. we have the coincidence that solyndra execs, they bundled a lot of money for barack obama's campaign. that money seemed to buy them access. they four meetings at the white house. the week prior to getting 535 million taxpayer stimulus dollars. then they get the money. they were warned they needed to do due diligence, they didn't do it. does this in way raise any red flags in your liberal mind? >> well, my liberal mind went through that tim
george kaiser was one of the biggest investors. his charitable foundation made a $10,000 donation to the urban health initiative in 2009. that was the same year that a controversial half a billion dollar loan to solyndra was secured. for those of you who may not remember, first lady michelle obama helped create the program before she moved into 1600 pennsylvania avenue. are the two connected or just another so-called coincidence? joining me with reaction, former deputy assistant general...
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Sep 13, 2011
09/11
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kaiser who according to bloomberg business wire has a family charity trust that owns a third of the company. another question, why the feds kept giving money to the company even as questions were being raised by the energy accident's own loan -- department's own loan officers about the company's possibility. one possible answer? >> there is a real seduction towards green manufacturing. >> reporter: maybe, but the reality is solyndra may just be the chip of the green iceberg. >> china is cranking out a huge number of solar panels right now and really flooding the market. if you're in the business of producing solar panels, you're losing money. ultimately, solar panel manufacturers will build where they can do it most cheaply. and it's probably not going to be in california. >> rewe going to get our -- are we going to get our money back? >> no. the government won't get much if any of its money back. >> reporter: company spokesman dave miller, i spoke with him on the phone. he said he would like to talk about the developments happening with the company, but right now, the lawyer have s
kaiser who according to bloomberg business wire has a family charity trust that owns a third of the company. another question, why the feds kept giving money to the company even as questions were being raised by the energy accident's own loan -- department's own loan officers about the company's possibility. one possible answer? >> there is a real seduction towards green manufacturing. >> reporter: maybe, but the reality is solyndra may just be the chip of the green iceberg....
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Sep 8, 2011
09/11
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that company is backed by george kaiser, a major democratic donor. well, last month. it announced it's going bankrupt. bye bye 535 million taxpayer dollars. i can give you hundreds of other examples. hundreds. but here's the kicker. the u.s. post office is going bankrupt. it can't pay back the treasury department for loans, $5.5 billion in loans. and the post office is huge pension obligations. with the arrival of email its business is almost obsolete. prediction the taxpayer 5.5 billion loaned to the post office american is driven by the private sector, the free marketplace creates jobs and pros parity very well lose the election of 2012. now for the top story tonight. believes the republican race is now between mitt romney and rick perry. the national journal polled a bunch of political operatives inside people in both parties asking which man has a better chance of defeating barack obama in the general election. among democratic people polled, 83% picked romney. 17% perry. among republicans, 69%. romney 31%, perry. joining us now from washington fox news senior pol
that company is backed by george kaiser, a major democratic donor. well, last month. it announced it's going bankrupt. bye bye 535 million taxpayer dollars. i can give you hundreds of other examples. hundreds. but here's the kicker. the u.s. post office is going bankrupt. it can't pay back the treasury department for loans, $5.5 billion in loans. and the post office is huge pension obligations. with the arrival of email its business is almost obsolete. prediction the taxpayer 5.5 billion loaned...
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Sep 17, 2011
09/11
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>> george kaiser making numerous visits to the white house during the period. >> staff said don't go with us. that ought to be a first warning sign you shouldn't go with us. >> bill: terrible week for the obama administration. it seems to me and you it will palm more and more democrats are bailing. that's right. this afternoon, david axelrod says it's nonnegotiable. got to take as it entire package. today senator bob casey democrat of pennsylvania says i can't vote for a bunch of the stuff. >> bill: mansion in west virginia won't either. >> the president is not serious about passing this bill. third paragraph from the end he says now i know there is a different point of view. people who quote want to shut down the government, hand back the money end all the regulations and tell everybody they are on their own, that's not the american way. he just called every republican in that congress first of all distorted their views and called them unamerican one of the famous straw arguments. what basis you can get bipartisanship if you have the president signaling in his speech to the congress
>> george kaiser making numerous visits to the white house during the period. >> staff said don't go with us. that ought to be a first warning sign you shouldn't go with us. >> bill: terrible week for the obama administration. it seems to me and you it will palm more and more democrats are bailing. that's right. this afternoon, david axelrod says it's nonnegotiable. got to take as it entire package. today senator bob casey democrat of pennsylvania says i can't vote for a bunch...
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Sep 17, 2011
09/11
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you look at the people behind solyndra, it's george kaiser, a huge obama supporter. they get the money wait a minute, now this is a very, very important point. >> adam, make your point. >> the loan is restructured when they figure out that solyndra is in trouble, so, guess what, the investors, the campaign contribute stores get their money back. who doesn't get their money back? taxpayers. we are left holding a bag. that's a problem. >> got it. out of time. in fairness to kirsten, i want to give you 20 seconds. go ahead. >> i just really think is is being hyperpoliticized. the areas that are coworker have nothing to do with whether or not this is a good program. it is a good program it was a good program when bush started it. it's a good program when obama continued it the issues that people need to be looking at is what was the obama administration in this situation pressuring, you know, people to move forward with the program. that's the question. but this is a good program. and to talk about let's just stop all the money that's going out in this? that's crazy. >>
you look at the people behind solyndra, it's george kaiser, a huge obama supporter. they get the money wait a minute, now this is a very, very important point. >> adam, make your point. >> the loan is restructured when they figure out that solyndra is in trouble, so, guess what, the investors, the campaign contribute stores get their money back. who doesn't get their money back? taxpayers. we are left holding a bag. that's a problem. >> got it. out of time. in fairness to...
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Sep 17, 2011
09/11
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kaiser who is a big donor to obama. it is always like this, a corruption of the process. in principle it won't work because it is a socialist idea of experts over the markets. but it is made worse when it involves cronyism and favors and corruption. >> sean: i think what you are saying you are not buying the definition of crony capitalism as much as you are saying this is cronyism. this is -- we have in friend of obama's, the week before they get this half a billion dollars, 535 million stimulus taxpayer dollars, they had access to the white house. access that for all intent and purposes from my analysis was bought because they gave this money to the obama campaign. is that fair? any other way to interpret that? >> let's say we don't have evidence yet that can hang anybody. but there's a lot of circumstantial evidence. you are right, this is the first loan. it is also an immense loan, half a billion dollars to one company. and it is to somebody who gave a lot of money to the president. the worst part is energy departmen
kaiser who is a big donor to obama. it is always like this, a corruption of the process. in principle it won't work because it is a socialist idea of experts over the markets. but it is made worse when it involves cronyism and favors and corruption. >> sean: i think what you are saying you are not buying the definition of crony capitalism as much as you are saying this is cronyism. this is -- we have in friend of obama's, the week before they get this half a billion dollars, 535 million...
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Sep 14, 2011
09/11
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KGO
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they are conducting an investigation of its own, one of solyndra's principle vin test george kaiser says these visited the white house several tiles before solyndra secured the loan. but ceo brian harrison, one of those that was supposed to testify is a republican. men low parked ma drone capital partners, one of biggest investors for solyndra typically supports republican candidates. they are scheduled to appear next week but there is speculation they may take the fifth and refuse to testify >>> a woman who was once arrested on charges of kidnapping four children is now running for a seat on the fairfield sue soon school board. 70-year-old avelna she ley sment spent more than a year in a hospital after pleading guilty by reason of insanity on four counts of abduction. the abduction was four girls from a bus stop. she says a sacramento affiliate she believes she has paid her debt to society and campaign is about the future and not her past. under a deal with prosecutors she was never convicted of any crime which is what is now allowing for her to run for the school board seat. >> mount d
they are conducting an investigation of its own, one of solyndra's principle vin test george kaiser says these visited the white house several tiles before solyndra secured the loan. but ceo brian harrison, one of those that was supposed to testify is a republican. men low parked ma drone capital partners, one of biggest investors for solyndra typically supports republican candidates. they are scheduled to appear next week but there is speculation they may take the fifth and refuse to testify...
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Sep 14, 2011
09/11
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CNN
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one of its biggest investors is george kaiser who helped raise as much as $100,000 for the obama 2008 campaign, the white house said it did nothing wrong and when the government invests in emerging technologies,t's inevitable some companies will fail, but some republicans see it differently, very differently. they say the bush administration was skeptical about solyndra's viability, and now have e-mails from obama and administration officials suggesting the loan was rushed under white house pressure despite appeals that it was to, quote, one of those e-mails, again, this is from an obama administration official, quote, not ready for prime time. to critics, the white house's handling of the solyndra loan violates this pledge candidate obama made again and again in 2008. >> i am going to fight as hard as i can over the next 70 days to make clear to the american people that they deserve a president and a white house that is fighting for them. that's not fighting for the special interests, it's not fighting for the banks and the oil companies and the well connected. but it's fighting for
one of its biggest investors is george kaiser who helped raise as much as $100,000 for the obama 2008 campaign, the white house said it did nothing wrong and when the government invests in emerging technologies,t's inevitable some companies will fail, but some republicans see it differently, very differently. they say the bush administration was skeptical about solyndra's viability, and now have e-mails from obama and administration officials suggesting the loan was rushed under white house...